Jim Adams of Data Interconnect on Data-Driven Credit Management: Is e-billing right for you?
Data-Driven Decision Making
Many businesses still struggle to assemble data from various spreadsheets and systems to create the reports their Accounts Receivable or Credit Management team needs. This leaves credit controllers in the dark or forces the team to lose several working days a month assembling the data before even analysing and acting on their findings, which will now be instantly out of date. The root cause of this data blindness is a diverse mixture of legacy systems and outdated, often paper and PDF-based invoice-to-cash processes.
The solution is simple and has the benefit of giving AR managers the data and the time to analyse, model and report on it along with removing much of the repetitive, manual work that consumes their time.
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